Rally warning continues.
SPX / EURUSD / GBPUSD / AUDUSD / GOLD / SILVER bullish
warning on daily charts strengthened further on Friday.
Further upside expected.
Shorts will be squeezed next week onwards.
DOW initial target approx 13,170 & more upside after that.
USDX bearish daily chart strengthened further on Friday &
further downside expected.
————————————-
The SPX big picture remains very bearish and unfortunately this won’t
change. Market intevention only postpones the major crash, it can not
prevent it. This deferment also ensures the inevitable crash will be even
worse.
Monthly USDX indicators continue to warn of significant long term US
dollar upside.
